St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-11-11
The Markets on the Chicago Board Of
Trade Yesterday We're Quieier
Than Ever.
In The Wheat Pit Dealings We're Light
and the Feeling Generally
Quite Dull.
Transactions in the Financial Circles
of Wall Street.-The General
Quotations.
Specials to the Globe.

selling down to 1850 during the first hour;
January down to 7334c May held stead1er
than the near by months, being quoted at
79@7s1sc. Corn was strong and higher.
December advancing to 41ss041l2c., ana
May to 45I2c. within a short time after tie
opening, and holding steady at the improve
ment Light receipts of hogs,and the harden
ing tendency in corn, stimulated speculative
inquiry for provisions January pork was bid
up to $3.50. and May to Sl3.37l2.
January lard sold up to S6.52126I 6.53, and
May to Sc S2Ia. January ribs advanced TO
$3.50. Trading in the pit for the first hour
was on a liberal scale. Provisions ana corn
engrossed speculative attention in large part
to-day. AdviceS from the country are being re-
ceiVed by commission men to the erect tnat
feeders are paying relatively higher prices Tor
corn in many section, that can be obtained
in Chicago. This circumstance Is having Its
effect on the interior movement. Cables are
firm and the outside is beginning TO feei
kindly toward the long side OF the deal 10
add to the strength of the situation the GOV
eminent crop report, which came to hand
to-day, estimates the crop at 1913 bushels
per acre on a total acreage of 10,00O,OU0 or
about 4G2. 500. 600 bushels in all. 1t IS
estimated that 5000. 600 acres were aban-
doned before ripening. These crop figures
are away below any yet given by the govern
ment bureau, and are approaching the limits
fixed by private experts and well informed
grain men three months ago. The local mar
ket was firm and fairly active around 41ls0
41Iac for December and January and 49SsQ
45I2c for May. 1t got firmer as the day adj
vanced The provision pit was thronged
nearly all day, something very unusual. Yes
terday Cudahy and Armour were free sellers.
To-day there was no conspicuous trading Tor
individual account. But everybody wanted
to buy something and sellers were scarce as
hens teeth. The strength in corn is falling
off in receipts at the yards and higher prices
for the arrivals were
ASSIGNED AS THE CAUSES.
for the bullishness. Wright, Singer x
Wells whooped things up, and the local
scalpers helped the play along. The country
caught on in fine shape to-day; there were
more buying orders from the outside this
forenoon than have been received for two
weeks January pork was bid up TO Sl3.1O;
January lard to S6.62Ia, and January ribs to
$500. Wheat continued dull and weak, IN
I'll about 10 O'Clock, when the market too,
caught the infection and a small advance
was established. st. Louis was also bearish,
and yesterday and to-day unloaded 100000
bu of long wheat upon Chicago. Consider
ing its narrowness, the market stood up re-
markably well The recovery just before the
close of the long session was due, in great
measure, to the bullishness in provisions and
corn. 1t was sympathy Cables were con-
flicting Provisions were strong to the end,
and the l o'clock range was nearly at
the top. Pork advanced 25@3Oc, ribs
12I2@15c; lard, 5@10c. Estimated receipts
tomorrow: Corn, $50 cars; hogs. $4,000
head Lake engagements were reported for
$4,000 bu of wheat 237, 900 Blu of corn,
155, 900 bu of oats, and 10000 bu of flax
seed. Rates. Sc and 2I2c for wheat and
corn. At the afternoon session there was in
creased activity and higher prices for corn
and provisions. Pork sold DC over yester
DAYS latest price. heat and oats were
steady and duh. 2:30 p. m. prices-Wheat,
November, 72$zc; December, 73$se; Janu-
airy, 73a4c: February and May, 79lsc. Corn,
November, 42Ac; December 41s4c: Janu-
airy, 41Ssc; May, 45s4c. Oats, November,
25lsc; December, 2534c; January, 257sc;
May, 29s4c. Pork, January, S13.02I2; May,
$I352I2. Lard, November. S6,57l2; Decem-
Der, $3.50; January, $3.50; May, $500.
Short ribs. January, Sc TO; February,
$6.67l2; May, 1913.
THE ROUTINE REPORT.
CHICAGO, Nov 10.-The markets on change
There was more firmness in provisions than
in the other markets. In the wheat pit trad
ing waS light and the feeling generally quite
dull Scarcely any business was transacted
on outside account Local traders. too, were
out of the market. In the cash market there
was moderate CALL but chiefly for carrying
purposes. Receipts continue large with
clearanceS light. December opened 1sc lower
atT2ss@73I2c, sold 73ls@l73Ac; closed 1850.
Corn was somewhat firmer and more active
to-day. a better local demand existed, ship
pers being the chief buyers. The frmness
was due mainly to the demand for cash corn,
and the reports that corn was husking out
badly in some sections of Illinois. The mar
Eet opened at yesterday closing prices. be-
came firm and advanced S4c for November,
and 14TSSc for other futures, ruled steady
and closed with November 7sc higher at
42Ac and May ss@lI2c higher at 45s4c. Oats
were again quiet and exhibited no essential
change in prices. Provisions were quite ac-
tive and a decidedly stronger feeling
more inclined to purchase, and the orders
from outside parties were largely on the buy
Ing side. January and May deliveries at
tracted the most attention. Prices ruled
higher on all the leading articles, and out
side prices were fully sustained. The in
Quiry ON the part of shorts was fair. and
there was also some realizing by room trad
ers al the advanced prices The receipts Of
products was fair while the shipments con-
iinue large of all kinds. January pork
opened at S12.71l2 and ranged from that
figure up to Sl3.15, the closing figures
January lard opened at S6.52I2; sold at
$652l266. 62l2, and closed at $500. Janu-
airy short ribs sold at S6.456l6.60.
THE QUOTATIONS..
The leading futures ranged as follows:
Wheat-No. 2, November opening at 7234c.
closing at 72s4c; December 1880, closing at
73sse; January, 7334c, closing at 73S4c; May,
79Isc, closing at 79lsc. Corn-No. Q, NOvem-
Der, opening at Also, closing at 42I4e; De-
eember, 41l2c, closing at 41s4c; January,
d1lhR pfOSinO 1l2aP. Nav 4O3Sp closing
at 45S4c. Oats-No. 2, November, opening at
25l2e, closing at 29l2c; December, 25s4c,
closing at 25S4c; May, 29ssc, closing at
2924c. Mess POrk-Per bbl... January open
ing at Sl277l2, closing at $13.O2l2; Feb
ruary $3.50, closing at S13.15; May.
S13.35, closing at S1352l2. Lard-PeT 100
lbs. November opening at $3.50, closing at
$657la; December, S6.45, closing at $685. /;
January, S6.52l2, closing at $500; May,
S6.S212, closing at $500. Short Ribs-Per 100
lbs, January, opening at S6.45, closing at
$500; February, 1898. closing at $6;67l2.
cash quotations were as follows: Flour
ruled rather quiet with prices steady
Wheat-No. spring. 72l2G72s4c; No. 3
spring. 626J64c; No. 2 red, zoe. Corn-No.
2, 42l2c. Oats-No; 2, 25A@25Ise. Rye
seed-No. l. Sly. Prime timothy seed,
$2.27. Mess pork, per Dbl, S13.@13. 25.
Lard. per 100 lbs, $685.. Short ribs. sides
Qoosel, S6.45@6.50; Dry. sailed shoulders
boxed. $500 20; Short clear sides (boxe0.
$6.s0@6.S5. Whisky, distillers' finished
goods, per gal, Sl.1O. Sugar-Cut loaf 7I4@
7l2c: granulated &c; standard IA 65sc.
Receipts-Flour 81. 200 bbls; wheat, 2O2, 900
bn; corn 339, 90 bu; oats, 100000 bu; rye
10000 bu: barley, 164, 600 Blu. Shipments
Flour, 81, 900 bbls wheat, ~, 900 bu; corn,
40I 900 bu; oats. 100000 bu; rye, 1000
bu: barley, 125. 600 bu. On the produce ex-
change to-day the butter market was steady
at 22@2Sc for creamery and 1SI2@ 25c for
dairy. Eggs-Firm at lSl2@19.
r. M. NEWPORT & SON,
Investment Bankers.
1872. 153. 154 Drake Block. Lean Money
I..,..,:....1,l Danl 1850 So.,,.=:..-